Iran war slashes global oil demand outlook — IEA

The International Energy Agency says the war involving Iran has sharply reduced the global oil‑demand forecast, creating a supply crunch that is driving up prices and sparking unprecedented market volatility. Consumers worldwide, including in Nigeria and Africa, can expect higher fuel costs and heightened inflation pressures as the shock ripples through the

The IEA warns the Iran war has slashed the global oil demand outlook, triggering a severe supply shock, price surges, and historic market instability. Read More: https://punchng.com/iran-war-slashes-global-oil-demand-outlook-iea/